How did Vivino grow?

How did Vivino grow?

Orders on the platform surged as a result of the coronavirus pandemic, which forced customers around the world to quarantine at home. As a result, wine sales on the platform more than doubled in 2020 to $265 million. Furthermore, Vivino managed to grow from around 29 million to over 50 million users.

Who developed Vivino?

Heini Zachariassen
Heini Zachariassen built Vivino for the average wine drinker. Zachariassen launched Vivino in 2011, but it took two years for its database to grow big enough to create a “meaningful” product.

How does Vivino sell wine?

Through Vivino’s Marketplace, Vivino users can explore and shop for wines that are available for purchase from our partner merchants via the Vivino app or website. If the wine is in stock, a green button with the price will appear next to the wine. In several markets, you can also receive wine offers from Vivino.

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Who invested in Vivino?

Sprints Capital, GP Bullhound and Creandum AB also invested in the round, which brings Vivino’s total funds raised to $221 million.

Who is the owner of Vivino?

Heini Zachariassen –
Heini Zachariassen – Founder & Board Member – Vivino | LinkedIn.

How reliable is Vivino?

The answer is yes! In an analysis conducted earlier this year, we found that Vivino ratings correlate strongly with expert ratings, confirming that Vivino ratings are able to distinguish good wine from average wine.

How does Vivino make money?

The site makes money by receiving a “marketing fee” from each sale made through the app. Vivino’s winery partners can also pay to have sponsored content on the app.

Can I sell wine on Vivino?

Sell your wine on Vivino, the world’s largest wine community Sell your wine on the number 1 wine app in the world. Reach 54 million users worldwide via Vivino’s App & Website.

What is Vivino valued at?

between $600 and $800 million
Vivino, the digital sommelier app that suggests and sells wines, announced a mammoth $155 million Series D funding round yesterday. The company is now valued at between $600 and $800 million. That’s a lot of grape stomping. Vivino’s value proposition is simple, it promises to help you “buy the right wine.”

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Who is the CEO of Vivino?

Olivier Grémillon (Jul 26, 2021–)
Vivino, Inc./CEO

Does Vivino work in Canada?

Vivino Offers Our community of 1.3 million users in Canada lets me create the best offers for high quality wines. Get access to our highest-rated, most-loved wines at up to 60\% off retail.

How many wines does Vivino have?

Vivino has information on over 10 million wines today.

What is the history of Vivino?

Vivino was founded in 2010 by Heini Zachariassen and Theis Søndergaard. As of 2019, Vivino had a wine database containing more than 10 million different wines, and had 35 million users.

How many wines are there in Vivino?

, Vivino had a wine database containing more than 12.5 million different wines, and had 50 million users. In July 2013, the database had 1 million wines. Vivino’s headquarters are in San Francisco, California, United States, but the company has a number of subsidiaries including in Denmark, where the company was founded.

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What makes Vivino worth the money?

The product they sell is heavy, made out of glass and it brakes. Vivino has over 700 suppliers around the world today. It took 2 years to build a global supply chain. They are present in 19 markets now, selling wine through local partners. Vivino has 50 million downloads, what makes it worth it for them is to see happy users.

How long did it take Vivino to build a global supply chain?

It took 2 years to build a global supply chain. They are present in 19 markets now, selling wine through local partners. Vivino has 50 million downloads, what makes it worth it for them is to see happy users. It already conquered its space as the market leader, being 100 times bigger than the number 2 wine app.